January 11, 2018

Judge denies request to block Mulvaney as CFPB acting director

D.C. federal district court Judge Timothy Kelly on Wednesday again denied a request to block Mick Mulvaney from serving as the CFPB's acting director. The lawsuit at hand centers on who has the authority to name an acting director when the director steps down.

President Donald Trump named Mulvaney acting director after former CFPB Director Richard Cordray departed the post in November. Before his departure, Cordray named his chief of staff, Leandra English, as the bureau's deputy director.

English filed suit against Trump and Mulvaney asking a federal judge to declare her as acting director of the CFPB and block Mulvaney as the bureau's interim chief. This latest decision follows Kelly's denial of a similar request back in November. English may, however, appeal this most recent decision.

The president has yet to nominate a permanent successor to fill the vacancy, which would require Senate confirmation. Recently, there have been reports that NCUA Chairman J. Mark McWatters is among those being considered for the position.

In light of the leadership change at the CFPB, NAFCU President and CEO Dan Berger wrote to Mulvaney highlighting a few areas where action can be taken to provide credit unions with much-needed regulatory relief.